https://www.taxtmi.com/caselaws?id=443527 The Tribunal ruled in favor of the Assessee, quashing the re-assessment order due to lack of clear justification for reopening and directing the deletion of the addition of Rs. 95,00,000 based on insufficient evidence. The appeal of the Assessee was allowed, emphasizing the importance of clear and evidence-based reasoning in tax assessments. en-us Fri, 26 May 2023 00:00:00 +0530 Tue, 26 Sep 2023 08:17:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443527 The Tribunal ruled in favor of the Assessee, quashing the re-assessment order due to lack of clear justification for reopening and directing the deletion of the addition of Rs. 95,00,000 based on insufficient evidence. The appeal of the Assessee was allowed, emphasizing the importance of clear and evidence-based reasoning in tax assessments. Case-Laws Income Tax Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443527